Kite Realty Group Trust Announces Tax Reporting Information for 2015 Dividend Distributions
January 15 2016 - 3:17PM
Business Wire
Kite Realty Group Trust (NYSE: KRG) announced today that the
taxation of its 2015 dividend distributions for the Company’s
common shares of beneficial interest represents 74.03 percent
ordinary income, 12.38 percent capital gain, and 13.59 percent
return of capital. The tax allocations on the common shares for
2015 were based upon the annual dividend of $1.0775 per share.
The tax allocations of its 2015 dividend distributions for the
Company’s Series A cumulative redeemable perpetual preferred shares
(the “Series A Preferred Shares”) represents 100 percent ordinary
income. The allocations on the Series A Preferred Shares for 2015
were based upon the total dividend of $2.093029 per share.
Common Shares
Total Capital Record Payable
Distribution Ordinary Gain Non-Taxable CUSIP Date Date per Share
Dividend Distribution Distribution 49803T300 1/6/2015 1/13/2015 $
0.2600 $ 0.192484 $ 0.032175 $ 0.035341
49803T300 4/6/2015 4/13/2015 0.2725 0.201738 0.033722 0.037040
49803T300 7/7/2015 7/14/2015 0.2725 0.201738 0.033722 0.037040
49803T300 10/6/2015 10/13/2015 0.2725 0.201738 0.033722 0.037040 $
1.0775 $ 0.797698 $ 0.133341 $ 0.146461 74.03% 12.38% 13.59%
Preferred Shares Payable/ Total Capital Record Redemption
Distribution Ordinary Gain Non-Taxable CUSIP Date Date per Share
Dividend Distribution Distribution 49803T201 2/17/2015 3/1/2015 $
0.515625 $ 0.515625 $ 0.000000 $ 0.000000 49803T201 5/22/2015
6/1/2015 0.515625 0.515625 0.000000 0.000000 49803T201 8/21/2015
9/1/2015 0.515625 0.515625 0.000000 0.000000 49803T201 11/23/2015
12/1/2015 0.515625 0.515625 0.000000 0.000000 49803T201 * 12/7/2015
0.030529 0.030529 0.000000 0.000000 $ 2.093029 $ 2.093029 $
0.000000 $ 0.000000 100.00% 0.00% 0.00%
* The Series A Preferred Shares were redeemed on December 7,
2015 for a redemption price that included accrued dividends from
December 2, 2015 up to, but not including, the redemption date.
This release is based on the preliminary results of work on the
Company’s tax filings and is subject to correction or adjustment
when the filings are completed. The Company is releasing
information at this time to aid those required to distribute Forms
1099 on the Company’s distributions. No material change in these
classifications is expected.
About Kite Realty Group
Trust
Kite Realty Group Trust is a full-service, vertically integrated
real estate investment trust engaged in the ownership, operation,
management, leasing, acquisition, construction, redevelopment and
development of neighborhood and community shopping centers in
selected markets in the United States. As of September 30, 2015,
the Company owned interests in a portfolio of 124 operating,
development and redevelopment properties totaling approximately 25
million total square feet across 22 states. For more information,
please visit the Company’s website at www.kiterealty.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20160115005809/en/
Kite Realty Group TrustDan Sink, Chief Financial Officer,
317-577-5609dsink@kiterealty.comorInvestors/Media:Maggie Daniels,
317-713-7644Investor Relationsmdaniels@kiterealty.com
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